CEPA talks gain pace, Canada min set to visit india
Toronto, Oct. 13 -- Canadian trade minister Maninder Sidhu will arrive in India this week with a nearly 300-member trade delegation as the two countries accelerate negotiations for a Comprehensive Economic Partnership Agreement (CEPA) ahead of Prime Minister Narendra Modi's expected visit to Canada in December.
People familiar with the matter said Indian and Canadian negotiators may hold two meetings in November to resolve outstanding issues, with the deal targeted for conclusion by the end of next month. The people added that political direction may be needed to facilitate the process. The latest round of talks was held in Ottawa last week.
Indian high commissioner to Canada Dinesh Patnaik said India had made an excellent offer and expressed confidence that an agreement would be reached soon.
Sidhu is expected to meet commerce and industry minister Piyush Goyal during his five-day visit. The delegation will also travel to Mumbai and Bengaluru. PM Modi and Canadian PM Mark Carney have set a December deadline for concluding negotiations.
The two countries aim to increase bilateral trade to $70 billion by 2030....
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